Leeds hirer acquires rival

Leeds-based Chippindale Plant has extended its reach over the Pennines by acquiring Wilmslow Plant and AG Site Services for £2.7 million.

Wilmslow Plant has been trading since 1946 and all nine staff working at the Stockport site will be retained by Chippindales.

Chippindales also purchased Carrington-based AG Site Services, a leading provider of steel worksite units, including temporary offices, kitchen/canteens, WCs and storage containers.

The purchaser said it planned to make significant investments in both depots, increasing its northern network to nine sites and over 100 staff.

The Wilmslow deal was part-funded by HSBC and part from cash reserves.

Nigel Chippindale said, “Acquiring Wilmslow is the perfect geographical match and the deal comes at the right time in our expansion programme. Their range of plant and equipment is a mirror image of our own and it will be a seamless fit.

Peter Chippindale added “We are very excited by the potential of AG. Offering worksite accommodation to our extensive customer base brings us new opportunities and broadens our range of services”.

“AG has built up an excellent reputation over 30 years and it will continue to trade under its existing name, within the Chippindale Group.”